Issuer officials who said Treasury's final issue price rules are a vast improvement over earlier proposals nevertheless raised concern that they might discourage competitive sales of bonds or create problems for issuers if underwriters run afoul of the rules.

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Michael Youngblood has joined GMAC-RFC Securities as director of research. He will head research initiatives related to agency and non-agency residential mortgage-backed securities as well as analyze trends in metropolitan housing markets. Youngblood reports to managing director Peter McCarthy. Prior to his sting at GMAC-RFC, Youngblood developed mortgage...

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